Overview
- Q3 2025 results topped estimates with FFO of $1.89 versus $1.78 expected and revenue of $1.58 billion versus $1.53 billion, featuring record Core FFO per share and double-digit revenue and Adjusted EBITDA growth.
- Full-year outlook increased to $6.03–$6.08 billion in revenue, net income per diluted share of $3.57–$3.62, and Core FFO per share of $7.32–$7.38.
- Signed bookings are expected to add $201 million in annual GAAP rental revenue at the company’s share, including $65 million from 0–1 MW deals and $20 million from interconnection.
- A near-record backlog of $852 million and a record 19.9% cash re-leasing gap in the over-1 MW segment underscore tight market conditions.
- Next report is scheduled for Feb. 12 with Wall Street modeling Q4 EPS of about $0.90 on $1.57 billion in revenue, while shares show a 52-week range of $129.95–$198 and a 3.09% dividend yield.